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Prospect News home > News index > List of issuers Tenders > Headlines for 2019 > News item
Published on 11/4/2019 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

National Oilwell Varco to redeem 2.6% notes due 2022 via new notes

By Marisa Wong

Los Angeles, Nov. 4 – National Oilwell Varco, Inc. said it plans to redeem a portion of its 2.6% senior notes due December 2022 using proceeds from a sale of senior notes due 2029.

The company will also use cash on hand or revolving credit facility borrowings to fund the redemption.

National Oilwell is a Houston-based provider of technology, equipment and services to the global oil and gas industry.


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